Thursday, June 26, 2008

Invesco PowerShares to List Global Wind Energy ETF (PWND)

This follows on the heels of the First Trust Wind ETF (FAN).
From CNN Money:

Invesco PowerShares Capital Management LLC, a leading provider of exchange-traded funds (ETFs), announced today the anticipated listing of a global wind energy portfolio. The new ETF is expected to list on The Nasdaq Stock Market.

The anticipated ticker symbol and ETF portfolio name follows:

--  PWND - PowerShares Global Wind Energy Portfolio

Index Country Weightings as of 6/23/2008

Index Country Weight
Belgium 5.67%
Canada 3.14%
Denmark 14.00%
France 8.00%
Germany 16.52%
Greece 1.24%
Hong Kong 5.03%
Japan 2.29%
Spain 22.69%
Switzerland 3.75%
United Kingdom 6.13%
United States 11.55%